Tag Archives: Banks

Demonetisation At What Cost? The stark ground reality

I keep hearing the usual phrases of ‘Hurrah, ‘Kudos’, “Mubarak’ and all such adjectives praising the government for a ‘surgical strike’ on the nemesis and obstacle to ‘India shining’, ‘India’s economic growth’ – ‘India’s Black Money’. And then I look … Continue reading

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Knowledge Down The Ages

Q 1: Why are many coin banks shaped like pigs? A: Long ago, dishes and cookware in Europe were made of dense orange clay called ‘pygg’. When people saved coins in jars made of this clay, the jars became known … Continue reading

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RBI Credit Policy: Repo rate cut by 25 bps, CRR unchanged at 4%

Moneylife » Moneylife Digital Team | 19/03/2013 11:12 AM http://www.moneylife.in/article/rbi-credit-policy-repo-rate-cut-by-25-bps-crr-unchanged-at-4/31635.html The RBI supported the UPA government’s agenda by cutting the repo rate by 25 basis points for the 2nd time in 2013 but this was overshadowed political developments. The Reserve … Continue reading

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How to kill a ‘Banking’ Lion

HSBC Method: Hire a lion. Give him full rest & make him lazy, Pay him more than his expectation, Never tell him to do any work upto six months, and after six months tell him that now you have to … Continue reading

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